Business is about solving problems—and Edward Kholodenko has spent his life doing just that. From his early years facing discrimination in the Soviet Union to immigrating to Canada and navigating failed ventures, Edward’s journey is one of relentless resilience.
In this episode of Kosher Money, he shares how he built Questrade, one of Canada’s leading trading platforms, overseeing over $60 billion in assets. But his story isn’t just about wealth—it’s about adaptability, faith in God, and finding opportunities in crisis. How did a failed computer business in Ukraine shape his future success? What financial mistakes do most people make? How did he navigate market crashes, the 2008 financial crisis, and the rise of AI? What’s his best advice for new investors and entrepreneurs? Whether you’re an aspiring entrepreneur, a seasoned investor, or someone looking for smart financial insights, this episode is packed with wisdom, lessons, and real-world strategies to help you succeed. Watch now and learn how to build, grow, and take control of your financial future!
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TIME STAMPS:
00:00 Intro
01:24 Edward’s Early Life In The Soviet Union
03:02 Moving to Toronto 04:25 Did You Grow Up Religious?
06:00 Edward's (Growing) Beard
06:48 His First Business Venture in 1991
11:00 The Fall of the Soviet Union
14:35 10,000% Inflation
14:52 Getting Married & Back to Canada
15:54 The Russian Ruble Crisis
16:45 BitBean
17:43 The Donors' Fund
19:31 A Godly Pattern in Edward's Life
20:03 The Impact Of 9/11 On The Business
20:40 The Start of Questrade
26:04 The First Few Years of Questrade
32:28 Another Business Hurdle
34:10 The Effect of Success
37:09 Best Practices for Business Owners
38:37 The Value of Time
39:24 Starting a New Business
41:00 Twillory
42:16 Colel Chabad - Help Israel
43:41 How to Impact Culture in a Biz
45:55 "Can I Steal a Few Minutes?"
46:26 His Advice for Wealthier Families
49:16 Where Edward Sees Opportunities Now
51:51 Trading in the Markets
54:35 Hidden Fees, Crypto, Risks, Oh My!
57:45 Human Advisors vs. Computers & AI
59:12 How Edward Manages His Phone
1:00:27 What's Your Dream, Edward?
1:02:00 His Torah Learning 1:05:40 Contest, Winners & Outro
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